Why do I owe IRS money this year?

[Rhiilynn17]

Hey everyone,

This is my first year owing money to the irs.

In 2016 I made 12,598.79 and withholded 250.16 to federal. I didnt owe them money then, but then...

In 2017 I made 10,926.52 and withheld 119.88. I got a letter today saying I owe 316 dollars.

On the turbo tax side it shows the 316 in green, like I should be receiving this.(but I dont think this is an error on their side,nor do i really care. Just wanted to state it.)

Other things to note are:

I've been at the same job for each w-2. I havent altered my withdrawal amount(doesnt mean my company didnt).


So, how could I owe federal taxes when I earned less?

[AJ]

Did you file your tax returns?  If you did not file, then the IRS can assess penalties and interest for not filing on time.  For 2017 with a gross income of $10,926.52, a single person under age 65 should show a $4,050 exemption and a $6,350 standard deduction.  This would make the taxable income $527.  And, assuming no other adjustments or credits, then that should result in an income tax of $56.  With a withholding of $119.98, then you should have filed your tax return and received a refund of about $64.   There are a variety of free services that are available if you need help.  If you need help see: https://www.irs.gov/individuals/free-tax-return-preparation-for-you-by-volunteers